Experts Predict IVE Will Reach $229
Written by Emily J. Thompson, Senior Investment Analyst
Source: NASDAQ.COM
ETF Analysis: The iShares S&P 500 Value ETF (IVE) has an implied analyst target price of $228.54, indicating a potential upside of 12.85% from its current trading price of $202.52.
Notable Holdings: Key underlying holdings with significant upside potential include Molson Coors Beverage Co (TAP), PTC Inc (PTC), and State Street Corp (STT), each showing expected price increases of 15.91%, 15.37%, and 14.65% respectively based on analyst targets.
Analyst Views on STT
Wall Street analysts forecast STT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for STT is 142.27 USD with a low forecast of 128.00 USD and a high forecast of 168.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
12 Analyst Rating
7 Buy
4 Hold
1 Sell
Moderate Buy
Current: 128.460
Low
128.00
Averages
142.27
High
168.00
Current: 128.460
Low
128.00
Averages
142.27
High
168.00
About STT
State Street Corporation is a financial holding company. The Company, through its subsidiary, State Street Bank and Trust Company (State Street Bank), provides a range of financial products and services to institutional investors. It operates through two lines of business: Investment Servicing and Investment Management. Its Investment Servicing line of business provides a range of services and market and financing solutions to institutional clients, including mutual funds, collective investment funds and other investment pools, corporate and public retirement plans, insurance companies, investment managers, foundations and endowments worldwide. Through State Street Investment Services, State Street Markets and State Street Alpha, it offers a range of solutions, including transaction management, derivatives, collateral services, and others. Investment Management line of business provides a range of investment management solutions and products through State Street Investment Management.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
